World Demand for Aggregates to Grow 5.2 Percent

The worldwide market for construction aggregates is projected to advance to 51.7 billion metric tons in 2019, representing an annual growth rate of 5.2 percent. Residential building applications for aggregates will be driven by upturns in the housing markets of developed countries and by rising personal incomes in developing countries, which will spur demand for more modern housing.

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Proppant Demand in North America to Reach $8.2 Billion by 2019

Demand for proppants in North America is forecast to increase 7.6 percent annually through 2019 to 162 billion lb., valued at $8.2 billion. With oil and gas prices expected to remain subdued in the near term, demand for proppants will decelerate from the extremely rapid growth posted between 2004 and 2014 and future gains will result primarily from increases in…

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